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The differences between national account managers and business development account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a national account manager and a business development account manager. Additionally, a business development account manager has an average salary of $99,209, which is higher than the $96,948 average annual salary of a national account manager.
The top three skills for a national account manager include account management, customer service and national accounts. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| National Account Manager | Business Development Account Manager | |
| Yearly salary | $96,948 | $99,209 |
| Hourly rate | $46.61 | $47.70 |
| Growth rate | 5% | 5% |
| Number of jobs | 152,555 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A national account manager is an individual who is responsible for maintaining strong relationships with key accounts from a particular region. To ensure long-term success, federal account managers must act as a liaison between customers and the internal team by achieving the customers' needs and requirements. They must identify and create attractive strategies to bring new customers and gain revenues. Also, candidates for national account managers must possess excellent interpersonal skills and experience managing national accounts.
A business development account manager is in charge of developing strategies to identify new business and client opportunities, ensuring sales growth and customer satisfaction. They typically perform research and analysis to gather data, coordinate with analysts and experts, produce sales and progress reports, and maintain records of all transactions. Furthermore, a business development account manager must build positive relationships with clients and secure sales by reaching out to customers through calls, correspondence, or appointments. They may offer products and services, process payments, and handle inquiries or concerns.
National account managers and business development account managers have different pay scales, as shown below.
| National Account Manager | Business Development Account Manager | |
| Average salary | $96,948 | $99,209 |
| Salary range | Between $73,000 And $127,000 | Between $57,000 And $170,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | New Hampshire |
| Best paying company | Amazon | Meta |
| Best paying industry | Technology | - |
There are a few differences between a national account manager and a business development account manager in terms of educational background:
| National Account Manager | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between national account managers' and business development account managers' demographics:
| National Account Manager | Business Development Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.7% Female, 29.3% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |